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RE: [dtube] Will Consensus 2018 Trigger Another Great Bull Run for Cryptocurrencies?

in #cryptocurrency6 years ago

First of all happy birthday to your relative. Based on history, it has usually impact on crypto prices overall especially when it’s oversold or when it’s consolidating. I would be very careful to day trade these markets. As you mentioned, these markets right now are not driven by fundamentals, but by emotions and psychology. These markets are very tempting, but very volatile as well, even more than it is now. My guess is since we had a pullback in crypto we will have 10% pump and then it depends if we nicely consolidate, we will go higher. If big dump below 8k follows we are stack in this 7k-10k range.

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